Closing Bell: Stocks plummet to end the week, Cleveland Fed President weighs in on rate hikes 4/22/22
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Stocks got slammed on the final day of the week, with the Dow turning lower for the month – joining the S&P 500 and the Nasdaq. Cleveland Fed President Loretta Mester outlines her views on rate policy – including whether or not she thinks a 75 basis-point hike is appropriate. Analyst Brent Thill breaks down the tech trade ahead of a massive week of earnings for the mega-caps. And retail expert Dana Telsey discusses the trade on Gap – which shed nearly a fifth of its value after cutting sales guidance. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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